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Goldman Backs Japan’s Biggest Taxi App at $1 Billion Valuation
Goldman Backs Japan’s Biggest Taxi App at $1 Billion Valuation
Goldman Sachs Group Inc. has made Japan’s leading taxi-hailing provider, Go Inc., a unicorn with its biggest startup
2023-05-24 07:20
Chinese banks ICBC, BOC post sluggish profit growth
Chinese banks ICBC, BOC post sluggish profit growth
BEIJING/SHANGHAI/HONG KONG (Reuters) -Two of China's biggest banks on Wednesday posted sluggish profit growth and shrinking profit margins for the
2023-08-30 17:54
Stocks in Asia Face Mixed Open After US Bond Rout: Markets Wrap
Stocks in Asia Face Mixed Open After US Bond Rout: Markets Wrap
Stocks in Asia are set for a mixed open following a slump in US equities and bonds, as
2023-08-04 06:51
Bud Light to return as the UFC's official beer next year as it recovers from a conservative backlash
Bud Light to return as the UFC's official beer next year as it recovers from a conservative backlash
Bud Light is set to return as the official beer of the UFC in the U.S. next year as the brand tries to recover from a conservative backlash to a promotion with a transgender influencer
2023-10-26 04:24
Hedge Funds Flip to Become Most Bearish on Pound Since 2021
Hedge Funds Flip to Become Most Bearish on Pound Since 2021
Hedge funds are starting to doubt the pound’s rally will last much longer after a surprising run that’s
2023-05-15 18:21
AI is a 'moment of revolution,' top Democrat says in urging swift action on regulations
AI is a 'moment of revolution,' top Democrat says in urging swift action on regulations
Senate Majority Leader Chuck Schumer says the development of artificial intelligence is a “moment of revolution” that requires swift action from the government
2023-06-21 23:25
Kraken says systems operational after issue with crypto gateways
Kraken says systems operational after issue with crypto gateways
(Reuters) -Cryptocurrency exchange Kraken said on Tuesday that it had resolved an outage that affected several funding gateways including Bitcoin,
2023-06-06 17:49
Illumina Hit With €432 Million EU Fine for Hasty Grail Deal
Illumina Hit With €432 Million EU Fine for Hasty Grail Deal
Illumina Inc. was hit with a €432 million ($476 million) fine for acquiring cancer-test provider Grail Inc. before
2023-07-12 18:59
Government shutdown would leave the Fed flying blind
Government shutdown would leave the Fed flying blind
In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy.
2023-09-19 04:48
UAW strike set to hit deep into the industry's supply base
UAW strike set to hit deep into the industry's supply base
By Timothy Aeppel Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside
2023-09-22 23:56
TCW to Buy Engine No. 1’s ETF Unit in First Deal for CEO Katie Koch
TCW to Buy Engine No. 1’s ETF Unit in First Deal for CEO Katie Koch
TCW Group, the asset manager with a long history of managing bond funds, is expanding into exchange-traded funds
2023-07-26 01:20
Lagarde Repeats ECB Rates to Stay Restrictive as Long as Needed
Lagarde Repeats ECB Rates to Stay Restrictive as Long as Needed
European Central Bank President Christine Lagarde reiterated that borrowing costs will remain elevated for as long as needed
2023-09-25 21:58